What is $MCD ‘s ALL-TIME High today tell us about inflation? maybe we don’t want to know
Source: https://twitter.com/MichaelMOTTCM/status/1589756853462142976
inflation
Americans Want More Stimulus Checks To Fight Inflation
by Mac Slavo of SHTFplan A recent poll ascertained that Americans are willfully ignorant at best, and dependent slaves at worst. The poll proved that most Americans are economically ignorant and have no idea what causes inflation, the majority of those living in …
Next US Inflation Report After Midterm Elections Likely To Remain High (Projection For Headline Inflation = 7.9%, Core Inflation = 6.5%) As Diesel Prices UP 102% Under Biden And Inflation UP 486%
by confoundedinterest17 The US midterm elections are Tuesday. I was denied an absentee ballot for some reason, but I will get my disabled body over to the local precinct to cast my ballot. Fortunately for Democrats, the next inflation report is …
EU says it has serious concerns about Biden’s Inflation Reduction Act
The sweeping tax, health and climate bill was approved by U.S. lawmakers in August and includes a record $369 billion in spending on climate and energy policies. The landmark package comprises tax credits for electric cars made in North America …
Following 73/74 inflation crisis US small caps did best within high interest rate high inflation environment
by Infamous_Sympathy_91 Each vertical is a year, and the vertical is ordered by what sector gave the highest returns, with inflation and government bonds included.
The US Midterm Election In One Chart (Hint: Republicans Favored As Inflation Soars, Biden Unpopular On Kitchen Table Issues)
by confoundedinterest17 Here is the US midterm election in one chart. According to Real Clear Politics, the generic Republican polling data FAVORABLE (red line) is at 47.9% while Democrat polling data favorable polling data (yellow line) is at 45.4%, advantage Republicans. …
Dem Campaign Chief Sean Patrick Maloney (D-NY): Eat Chef Boyardee to Offset Inflation High Gas Prices, Stomach Inflation
Democrat Campaign Chief Sean Patrick Maloney (D-NY) encouraged New York voters struggling to afford gas prices and groceries to eat Chef Boyardee to offset the record levels of inflation seen under President Joe Biden’s administration. “According to @spmaloney, Hudson Valley …
US Mortgage Rate Hits 7.35% As Fed Combats Bidenflation (Mortgage Rates UP 155% Under Inflation Joe!)
by confoundedinterest17 The mortgage market is really hurting under the stewardship of “Inflation Joe” Biden. Bankrate’s 30yr mortgage rate hit 7.35% yesterday, up 155% under Biden. Here is a photo of Inflation Joe taking aim at the mortgage industry and housing …
Turkey’s inflation hits 85.5%! Well, even the worst commodity holds up against it!
ISTANBUL, Nov 3 (Reuters) – Turkish annual inflation climbed to a new 24-year high of 85.51% in October, official data showed on Thursday, slightly below forecast, after the central bank cut its policy rate despite surging prices. Reporting by …
Powell Admits The Fed Is Failing On Inflation, And Promises More Rate Hikes
by Ryan McMaken of Mises Institute The Federal Reserve’s Federal Open Market Committee (FOMC) raised the target federal funds rate 75 basis points on Wednesday, marking the fourth 75-basis-point hike in a row since June. The federal funds rate is now the highest …
ECB’S LAGARDE: RECESSION WOULDN’T BE ENOUGH TO TAME INFLATION… ECB’S KAZAKS: EURO-AREA RECESSION IS BASELINE SCENARIO
*ECB'S KAZAKS: EURO-AREA RECESSION IS BASELINE SCENARIO<- first time an ECB GC member says that the recession is baseline Followed up by… *ECB'S KAZAKS: INTEREST RATES WILL NEED TO RISE MUCH HIGHER It doesn't get much more hawkish than this …
Inflation in Nigeria is at 17 year high… and the local currency, Naira, is setting new lows…
by silvertomars Nigeria has decided to “redesign’ its largest 3 notes… President Buhari said that “the economy stood to benefit from the reduction in inflation, currency counterfeiting and the excess cash in circulation”…
Powell: No sense that inflation is coming down… The White House deleted this tweet after taking credit for 8% annualized inflation.
POWELL: NO SENSE THAT INFLATION IS COMING DOWN — *Walter Bloomberg (@DeItaone) November 2, 2022 The White House deleted this tweet after taking credit for 8% annualized inflation. Luckily screen shots are forever. White House is forced to DELETE fact-checked …
“Corporate Greed” Doesn’t Cause Inflation — The Federal Reserve Does!
by Ron Paul of Ron Paul Liberty Report Democrats are struggling to redirect the blame for inflation off of Biden. They should put the blame where it belongs — on The Federal Reserve! Instead, Democrats have decided to go with a dead end …
If China reopens inflation risks to the upside imo, everybody still gambling on the mystical Fed pivot.
If China reopens inflation risks to the upside imo, everybody still gambling on the mystical Fed pivot. — DawgyStyle (@IUBeanCounter71) November 1, 2022
CNN Business: “The Fed may have to blow up the economy to get inflation under control”
View post on imgur.com https://www.cnn.com/2022/10/30/investing/stocks-week-ahead The big question for many investors – and American consumers – is whether the Fed will send the economy into a recession with massive rate increases. https://t.co/zg2cKHPokZ — CNN (@CNN) October 30, 2022 View post …
The Bank of England misleads on inflation as the money supply surges
by Shaun Richards This week it is the Bank of England which is in focus as there are quite a few matters on its plate. On Wednesday night it will vote on how much to increase UK interest-rates via its …
If you think government stimulus checks to curb inflation will curb inflation you are part of the problem.
If you think government stimulus checks to curb inflation will curb inflation you are part of the problem. — Robert J. O'Neill (@mchooyah) October 31, 2022 https://twitter.com/WallStreetSilv/status/1586895756945924097 Lagarde: "Inflation came from nowhere" … actually no, it's what happens when the …
Euro-zone inflation climbs to 10.7% in October, well above expectations… Italy: ‘Interest rates in the euro zone need to rise further’
Euro-zone inflation climbs to 10.7% in October, well above expectations | #EnergyCrisis pic.twitter.com/xAH2QmphqP — Javier Blas (@JavierBlas) October 31, 2022 ⚠️ Euro zone inflation surged past expectations yet again this month to hit a record high, pointing to further interest …
Biden’s Inflation solution. People can’t afford “name brand” cereal so they should just buy generic cereal
People can’t afford “name brand” cereal so they should just buy generic cereal is really Joe Biden’s answer to inflation issues for America’s families. Red tsunami coming. pic.twitter.com/3wK9nzZ67m — Clay Travis (@ClayTravis) October 28, 2022 h/t JF Priest
Inflation is soaring in the Euro area especially in Italy
by Shaun Richards This morning the centre of economic news is the Euro area and we can also look at it in relation to the news from the ECB yesterday. Let is start with economic output in its second largest …
Inflation Alert! Interest payments in the third quarter up 13.59% ($88.125 billion) from last quarter and 24% ($143.667 billion) from this time last year.
by Dismal-Jellyfish Interest costs and the national debt could be even higher if interest rates continue their upward trajectory and outperform CBO’s economic forecast. They planned for this, right?!?!?! CBO estimated CPI inflation will total 4.7 percent in CY 2022, 2.7 …
Recession in Canada – Both inflation and jobless rate will increase
Royal Bank of Canada has predicted that there will be a modest recession in Canada 2023. Their newest prediction is that this decline will start in the first quarter of next year. Increased costs and interest rates will reduce the …
95% Concerned About Rise in Food Prices
A Pew Research Center poll revealed that nearly all Americans are concerned about the rise in the cost of food and consumer goods due to inflation in a worrying sign for Democrats ahead of the midterm election. Conducted last week, the poll showed that …
Fears inflation will see spike in mortgage repayments ahead of RBA interest rate call
by Boo_Randy The debt donkeys who bought into insane central bank-blown housing bubbles in the WEF colonies of Australia, New Zealand, and Canada are about to learn the difference between “homeowner” and “mortgage payer” as soaring inflation causes corresponding interest …
The Inflation Increasing Act
The Democratic Party is doing this in the states too, passing fees and taxes for everything in order to fund social welfare programs. It won’t just be California that will be difficult to afford to live in. Colorado is going …
Nancy Pelosi says ‘we have to change’ narrative from sky-high inflation as midterms loom two weeks away – while Bernie Sanders admits he’s ‘worried’ about Democratic turnout
House Speaker Nancy Pelosi sounded optimistic on Sunday when talking about Democrats’ chances in the upcoming midterm elections Pelosi claimed the Democratic Party’s ‘fight is not about inflation’ but added: ‘It’s about the cost of living’ She also said Republicans have …
Nancy Pelosi does not want to hear about Inflation . you have to hear it to believe it!
Pelosi: “When I hear people talk about inflation as I heard it there, we have to change that subject.”pic.twitter.com/EECib2RrdB — The Post Millennial (@TPostMillennial) October 23, 2022 https://www.thegatewaypundit.com/2022/10/nancy-pelosi-hear-people-talk-inflation-change-subject-video/ h/t Coorslightly